Nghe An has a project of more than 400 million USD invested in Hoang Mai Industrial Park I

""Iron punch" for the Northern growth pole

After the investment policy is approved (June 22, 2023),The monocrystalline silicon bar and semiconductor wafer production project of Runergy PV Technology Co., Ltd. (Thailand) with a total investment capital of more than 400 million USD is currently in the process of adjusting the investment certificate. The project's factory has a designed capacity of nearly 40,000 tons of silicon bars/year, nearly 30,000 tons of semiconductor wafers/year. The products and services provided include: silicon bars, semiconductor wafers and factory rental activities. The project is expected to complete procedures for site handover; deploy factory construction and purchase machinery and equipment from June 2023 to October 2023; trial production and official production of the first phase of the project will begin in November 2023; and the entire project will be put into operation by June 2025.

The investor of the project is a subsidiary of Jiangsu Runergy New Energy Technology Group (China); established in 2013, headquartered in Yancheng, Jiangsu, China and is one of the leading enterprises in the solar battery manufacturing industry with a staff of more than 4,500 people working at production and research facilities in Asia and America.

The group's revenue in 2022 was recorded at over 3 billion USD, a 95% increase over the same period. On July 7, the company established a project enterprise in Vietnam called Runergy PV Technology Vietnam Co., Ltd. Mr. Song Wen Xiang - General Director of Runergy PV Technology Thailand is the legal representative of the company.

With the development strategy of "integration and globalization", the group has chosen the Southeast Asian market as a strategic location to expand production, aiming to complete the supply chain abroad. It is expected that in the period of 2023-2025, the group will continue to promote investment in projects to produce monocrystalline silicon, crystalline semiconductor wafers, and industrial silicon with a total expected investment capital of nearly 3 billion USD in the Southeast Asian market. The investment project to produce crystalline semiconductor wafers in Nghe An is the initial project in the group's series of investment plans in Vietnam, with subsequent projects that can increase the group's total investment capital in Vietnam to 1.2 - 1.4 billion USD.

The Government's efforts in attracting investment, economic development and attractive investment environment are the main factors for our group to decide to invest in Vietnam, in which Nghe An is one of the priority destinations for the group's projects.

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Mr. Dao Long Trung - Chairman of Jiangsu Runergy New Energy Technology Group.

The latest projects attracted in Hoang Mai Industrial Park I (Nghe An) have contributed to increasing the occupancy rate of this industrial park to 82%, with typical projects with large investment scale of Juteng Group (120ha, total investment capital of 200 million USD), Hoa Loi (13.9ha, total investment capital of 56 million USD), Runergy (30ha, total investment capital of 440 million USD). It can be said that Hoang Mai Industrial Park I in particular and Hoang Mai town in general have been gradually appearing on the investment attraction map for foreign investors when researching and choosing project investment locations in Nghe An in particular and Vietnam in general.

Talking to us, the leader of Hoang Thinh Dat Joint Stock Company, the investor of Hoang Mai Industrial Park I, said: With the advantages of nature, social infrastructure and infrastructure focused on synchronous development, the province's investment and business environment is actively changing, Hoang Thinh Dat Joint Stock Company will continue to invest in the next projects in Nghe An province with synchronous planning, orientation to promptly meet the needs of existing investors and accompany Nghe An province to prepare to welcome the wave of FDI capital flow in the coming time, towards the goal of developing a prosperous and beautiful homeland.